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Property Description If you’re looking for a peaceful retreat near the sea and surrounded by greenery, this T2 villa is the perfect choice! Located in a gated community in Olhos de Água, Albufeira, just 800m from the famous Praia da Falésia, this property combines comfort, privacy, and a prime locat
Albufeira, Faro, Portugal
REF: 928810
€530,000
Description
Property Description If you’re looking for a peaceful retreat near the sea and surrounded by greenery, this T2 villa is the perfect choice! Located in a gated community in Olhos de Água, Albufeira, just 800m from the famous Praia da Falésia, this property combines comfort, privacy, and a prime location. Key Features: Type: T2 Duplex Villa with 154 m² of living area. Location: Gated community with a pool, green spaces, and a calm environment. Exterior: Balcony overlooking the pool and gardens, perfect for relaxation. Rooms: Spacious living room with fireplace and direct access to the pool, equipped kitchen, 2 bedrooms with built-in wardrobes (1 with a terrace and 1 with a balcony), and 2 bathrooms (1 with a whirlpool bathtub). Garage and Storage: Ample space for parking and storage. Additional Benefits: Profitable Investment: Currently used as a holiday rental, with a potential average annual income of €25,000. Active Lifestyle: Close to jogging trails, tennis and paddle courts, and renowned resorts such as Pine Cliffs and Epic Sana. Dining and Leisure: Excellent selection of restaurants and entertainment in the area. Exclusive Location: Quiet community with Portuguese neighbors and international residents, including Dutch, English, and French. General Information: Price: €550,000 Type: T2 Duplex Villa Living Area: 154 m² Energy Rating: D Condition: Used, in excellent condition Location: Olhos de Água, Albufeira, Algarve Perfect For: Permanent Living: A dream home for families or retirees seeking quality of life. Investment: Excellent opportunity for profitability with an established holiday rental. Holiday Home: The perfect private paradise just steps from the sea. Schedule Your Visit Today! Don’t miss this unique opportunity. Contact us for more information or to arrange a viewing. Contact Us Today (We offer 50/50 commission sharing with real estate agencies.) #ref: 134041
Property Description If you’re looking for a peaceful retreat near the sea and surrounded by greenery, this T2 villa is the perfect choice! Located in a gated community in Olhos de Água, Albufeira, just 800m from the famous Praia da Falésia, this property combines comfort, privacy, and a prime location. Key Features: Type: T2 Duplex Villa with 154 m² of living area. Location: Gated community with a pool, green spaces, and a calm environment. Exterior: Balcony overlooking the pool and gardens, perfect for relaxation. Rooms: Spacious living room with fireplace and direct access to the pool, equipped kitchen, 2 bedrooms with built-in wardrobes (1 with a terrace and 1 with a balcony), and 2 bathrooms (1 with a whirlpool bathtub). Garage and Storage: Ample space for parking and storage. Additional Benefits: Profitable Investment: Currently used as a holiday rental, with a potential average annual income of €25,000. Active Lifestyle: Close to jogging trails, tennis and paddle courts, and renowned resorts such as Pine Cliffs and Epic Sana. Dining and Leisure: Excellent selection of restaurants and entertainment in the area. Exclusive Location: Quiet community with Portuguese neighbors and international residents, including Dutch, English, and French. General Information: Price: €550,000 Type: T2 Duplex Villa Living Area: 154 m² Energy Rating: D Condition: Used, in excellent condition Location: Olhos de Água, Albufeira, Algarve Perfect For: Permanent Living: A dream home for families or retirees seeking quality of life. Investment: Excellent opportunity for profitability with an established holiday rental. Holiday Home: The perfect private paradise just steps from the sea. Schedule Your Visit Today! Don’t miss this unique opportunity. Contact us for more information or to arrange a viewing. Contact Us Today (We offer 50/50 commission sharing with real estate agencies.) #ref: 134041
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Currency Exchange
Albufeira, Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €530,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €530,000 | £436,667 | £448,428 | £11,761 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £436,667 |
| Maximum cost in the last six months | £448,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,761 |
Albufeira, Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €530,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €530,000 | £436,667 | £448,428 | £11,761 |
| Property Price € | €530,000 |
| Minimum cost in the last six months | £436,667 |
| Maximum cost in the last six months | £448,428 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £11,761 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £11,761 more.
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